The city is expected to add 22.5 billion riyals ($6 billion) to gross domestic product (GDP) each year and create thousands of jobs.
Read More »Iran Ready to Satisfy Vietnam’s Energy Demands
In March 2016. Vietnamese President Truong Tan Sang visited Iran with a big delegation.
Read More »Kuwait: Not About Time to Curb Oil Production in Libya. Nigeria
Libya and Nigeria have seen a significant increase in oil production in May and June.
Read More »World Petroleum Congress Next Host Lauds Istanbul Event
High-level executives from leading energy companies and up to 50 energy ministers attended the Congress. under the theme. Bridges to our Energy Future.
Read More »South Korea`s Iran Crude Imports for June Up 10.5 Percent Year-On-Year
The KNOC data is considered the industry standard for South Korea'.s oil imports.
Read More »Iraq Will Need Iranian Gas for Electricity Generation for 7 Years
Iran began exporting gas to Iraq in June after several years of delays.
Read More »Qatar`s LNG Production Growth Plan. Good Market Signal
Australia is likely to emerge as the second largest LNG supplier globally in the coming years.
Read More »Turkey Will Take More Active Role in Mediterranean
Turkey assigned TGC Gökçeada frigate Thursday to observe the drilling ship.
Read More »As Qatar Row Smolders. World Markets Tot up Dependence on Gulf Petrodollars
Qatari banks. whose $50 billion external liabilities dwarf central bank reserves. may need more aid if the crisis deepens.
Read More »Saudi Aramco IPO Likely in 2018. Says CEO
Aramco plans to invest $300 billion over the next decade. with the focus on gas.
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